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Dubai World (the “Company”) announces that it held a meeting in Dubaitoday with its creditor banks to present formally the proposed restructuring plan for DubaiWorld, which has been agreed between the Company and its Coordinating Committee of creditorbanks (“CoCom”) with the support of the Government of Dubai.The meeting follows the Company’s announcement on 20 May 2010 that it had agreed headlineeconomic terms in principle with the CoCom, which accounts for approximately 60% of creditorbanks by value.As is customary at this stage of the process, this was an informational session and no resolutionwas sought in the meeting.Creditor banks will now have the opportunity to review the information provided beforeresponding to the proposal. The Company expects to complete the restructuring over the comingmonths.-Ends-Media enquiries:John Hobday (FD Dubai) + 971 50 464 8706Charlie Armitstead / Ed Gascoigne Pees (FD London) + 44 207 831 3113